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overseas. that's right i heard me right. there are reports that syria may have used a separate government air strike that killed dozens of people waiting outside a bakery yesterday. they may have used chemical weapons for that. what may be more troubling is the report of seven others killed in an area currently controlled by the rebels when they inhaled an apparently poisonness gas sprayed by the syrian army. president obama had already declared that there is a red line regarding the use of chemical weapons on the syrian people. so now there are growing questions as to what if anything the u.s. cou should do if we are forced to respond. bob scales is a retired u.s. army major general and fnc military analyst. general, merry christmas, thanks for joining us. >> merry christmas to you too, jaime. jaime: you have to become more concerned about syria at this point. have they crossed the red line and should we respond. >> first of all let's be clear that most initial reports are wrong. it could be what is used is white phosphorus which is not a chemical weapon, when it's dropped from an aircra
and the republicans in future negotiations. and raised a question of whether anyone can get a governing majority in the house of representatives when it comes to the budget. those are really serious matters. now it does go to the senate where harry reid and mcconnell can try to come to some, you know, functional su render for republicans and kick the cannon a lot of other issues and see if that can pass in the next ten days am buts that still has to pass the house. and so i think the chances of backing off of the cliff are higher than they ever have been. >> you know, i listened to some of these recalcitrant house republicans today, mark. and they were saying, i was to the going to vote for a tax increase when my constituent was never have gone along with that. >> well, i think there are two realities, here, judy. first of all there's a lot of republicans, more than a few democrats who are terrified of one thing, that's being primary, primary opponent without going to run on your right if you are a republican. on your left if you are a democrat. it's really become a problem for republicans. beca
majority congress would serve to, "embarrass the administration, destroy the energy of government, and substitute the pleasure, caprice or artifices of an insignificant, turbulent, or corrupt junta to the regular deliberations and decisions of a respectable majority." but in recent years, the senate has been remade into a super majority constitution. you need 60 votes to get almost anything done. between 2009 and 2010, we had more filibusters than we had in the '50s, '60s, and '70s combined. and they're not filibusters like we think of them, where the senators go to the floor and debate an issue until they keel over from exhaustion. they're just obstruction. if you watch a filibuster today, it doesn't look like anything. it's the blue screen on c-span, the one with the classical music playing over it. you don't tune in to here an intense minority demand a great debate on the issue of the day. you tune in to hear a string quartet. senator jeff merkley, a democrat from oregon is trying to change that. he's got a proposal to force talking filibusters in the senate. it wouldn't change
for them to be a governing party in any way, particularly in the house of representatives. they are an oppositional party there. but it makes it impossible for john boehner to govern in any effective way to make any sort of negotiation with the president to avoid a fiscal cliff. and the larger issue is that the national populous as a whole wants to see congress get stuff done. they want the accomplishments. so it works for republicans in some statewide races, mostly not but it's not a national agenda. >> allow me to reintroduce myself as a tea party spokesperson. what they say is they are a governing party. you said they're not. they say they are a governing party and they right now are causing the government to completely rewire the way that it deals with the deficit. and they say that there is pain in that process. but the long-term debate and the reason why they don't need to be inside the meeting room is they've got so many of the people in that room afraid of them that we are having a debate between how much to cut the deficit and not to do jobs or stimulus and the th
claim and she got no help from the government. take a look at this. they got her back in the business. it's pretty awesome, right? the party of procrastination can take a lesson from the small-business owner in staten island, new york. congress has nothing to show for itself after two years. coming up next, how the massive gains in the fiscal cliff could impact your 401k and the economy. stay with us gerri: big tax hikes set to t gerri: you make it, they take it. 23.8% is the raise that policymakers will see on capital gains. chris edwards joins me now. he is director for tax policy studies at t cato institute. i would like to show people what we're talking about. he gets confusing for people. we have a current tax rate, 15%. on january 1, the capital gains tax rate will jump to 23.8%. i talked to a lot of my friends and they say that's not a big dumb. what you say? >> it is a big jump. if you add state taxes on top of that, the united states will be up to 20%. our major trading partners, britain and europe and canada -- they are only 16%. so there is a very good reason why just about
that governing is a shared responsibility between both parties in this congress laws can only pass with support from democrats and republicans, and that means nobody gets 100 percent of what they want. lou: there are only ten days remaining tothe fiscal cliff. president obama headed to value within actually minutes, and members of congress have also gone home for chrrstmas vacation already. in a news conference today, speaker boehner admitted negotiations wh the president ha, indeed, been difficult. >> until the president on monday, these are my bottom lines. the president told me that his numbers, $1 trillion in new revenues, 850 billion in spending cuts was his bottom-line. he could not go any further. lou: and he didn't. the plan be option collapsing last night when he failed to get republican support to raise taxes on only those making more than a million dollars a year. over in the senate majority leader harry reipounced on the very public embarrassing defeat. >> we knew the so-called plan b was no plan at al. it could not pass the senate. it turns out, it could not pass the house either.
of their jobs after the benghazi terror attack reportedly still on the government payroll. how can that be? [chanting] protect the constitution. >> the liberal "new york times" says last month's election significantly weakened the tea party. is that true? we will have a debate. chanting] >> u.s.a. >> caution, you where to enter the no spin zone. the factor begins right now. >> i'm greg gutfeld in for bill o'reilly. thanks for watching us. our top story tonight, the last ditch effort to avert the fiscal cliff. president obama met with congressional leaders for several hours at the white house today to try to hammer out a deal before taxes go up on more than 160 million americans. after the meeting, the president presented a new plan to avoid the cliff and said he was modestly optimistic. >> we had a constructive meeting today. senators reid and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over into the house and done in a timely fashion so that we met the december 31st deadline. given how things have been working in this town we have to
in western syria. witnesses say a government warplane dropped bombs on a bakery today where long lines of people were waiting just to get some bread. more than 100 people are dead now. i want to talk to cnn's mohammed j j jamjoon. >> reporter: it's horrific details that have emerged the past few hours since we first reported this bombing. activists tell us that around 3:00 to 4:00 p.m. local in syria today that this warplane dropped this shell on this bakery. they say that hundreds of people were lined up outside, that there had been shortages of food throughout the last week. this was the first day that that bakery that had been hit was open and that because of that, at least 100 people they say were killed. the video that we've seen posted online, we can't independently verify it, but it seems to be corroborated by what we've been told by activists. it shows an absolutely grisly scene, mangled bodies in the wreckage of the building and the rubble. you see rebel free syrian army soldiers and civilians trying to tend to the wounded, taking them to the hospital and pulling dead bodies o
and the government runs out of money. >> that's where i feel all the eyes are on capitol hill. saying you can't do this with the fiscal cliff. what a two months that will be. thanks so much for joining us. we appreciate it. joining me here in the studio with our first reads of the day, senior political editor mark murray. welcome. back and forth from the harry reid. we have congressional ping pong going on. you said it is time for house republicans to put middle class families first bypassing the senate's bill to protect 98% of americans on january 1st. the senate bill could pass tomorrow if the house republicans would lead it come to the floor. the house had two bills that collectively can avert the entire fiscal cliff if enacted. those bills await action by the senate. >> the classic ping pong gridlock and no way out. >> it's important to know how far we have come in the last seven days. a week ago we were closer than we had seen before on a particular deal. john boehner made a big concession allowing tax cuts to rise on income over a million dollars. president obama countered with a big concess
the government. take a look at this. they got her back in the business. it's pretty awesome, right? the party of procrastination can take a lesson from the small-business owner in staten island, new york. congress has nothing to show for itself after two years. coming up next, how the massive gains in the fiscal cliff could impact your 401k and the economy. stay with us the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? gerri: big tax hikes set to t gerri: you make it, they take it. 23.8% is the raise that policymakers will see on capital gains. chris edwards joins me now. he is director for tax policy studies at the cato institute. i wo
. both sides are bouncing this thing. citizens for self governance, president mark mcclure joined by occidental professor caroline helpmann. let's start with you. bad deal worse than no deal? >> it is, and we're talking about the fiscal cliff. we are really dealing with is the fiscal fraud. we fell off the cliff along time ago. we are in the best, $16 trillion in debt. a debt our children and grandchildren will never be able to pay off, a total fraud, not dealing with spending, and unless they do we are not going to fix the problems is a country is facing. tom: same point, i mean, is this something that will start tuesday or have businesses and individuals already started be having different because of the fact that this whole process was coming up in addition to what the congressman was talking about? >> certainly was tree has been reacting to this, but i very much disagree about the causes. that is when we extended tax cuts do so wealthy individuals in 2001 and three did not need them and then we saw an incredible decrease in revenue as a result of wall street tanking our econom
on go bankrupt or the governments they are based on go bankrupt, and people are saying that might happen here. >> you could have a credit incident, but we're not going to destroy the faith in credit of the u.s. government. david: we already have. are you kidding, larry? we already have. >> i doubt it because, really, if the credit were destroyed, the cost of finance at the margin would be going up, and the cost of finance at the margin for the federal government is going down. >> larry, consumers are pulling back, a consumer that's pulling back, not spending as much, that is not going out and driving and consuming oil, the confidence seems eroded before a decision is made in dc. we don't even need a decision. david: larry, i know what you say about interest rates, overriding factor thinking about investment and how much cash, but, again, right for now, our credit rating is the best in the worlding but it's a lousy world of credit. that's the problem is that with all this money printing going on around the world, i'm wondering when that comes back to bite us. >> well, that's why you don't
a government where the citizens were unarmed and the government was so powerful it could kill people. it is not just for hunting. it is for personal protection from foreigners that might come in. it could be terrorists or our own government turning on us. we always think we are protected because we have the freedom but just like reagan and some of them have said, we are always one step away from losing those freedoms. that is one thing to be said. the other thing is that i believe the entertainment industry is a lot to blame in many ways. we have the violent video games, first person shooters, that desensitize the kids and adults. . host: that goes to the freedom of speech of the american constitution. how do you think congress should deal with the entertainment industry, video games, and the arguments that we will hear from supporters of the entertainment industry saying this might infringe on the first amendment? caller: there is a first amendment right but there is personal responsibility and a moral responsibility. all we are putting out there is sex and violence. the sex is a bl
this morning, saying the russian government's politically motivated decision will reduce adoption possibilities for children who are now under institutional care. were further concerned about statements that adoptions already under way may be stopped and hope that the russian government will allow those children who have already met and bonded with their future parents to finish the necessary legal procedures so that they can join their families. and as matthew said, there are just about 50 children that are in the pipeline right now. what senior state department officials are telling me is that they're hoping to get at least those through the pipeline, those children who have already met these parents to be able to be united with them, and then they'll work on trying to lift the whole ban, suzanne. >> elise, is there any kind of advice they're giving those families, those americans, who have already met with their potential children? what should they be doing now? >> reporter: well, right now all they can do, suzanne, is sit tight. they really -- the state department is working on these childr
a archaic 1947 law, unless the new bill is passed by december 31st, the government will be forced to buy vast quantities of milk at twice the wholesale rate. two bills are in congress. the senate passed one for $23 billion in savings. the house is looking to enact 35 billion. the sticking point the full house of representatives hasn't approved the bill. >> the farm bill is like this low hanging ornament on the congressional christmas tree that if they just embrace it, they can automatically come up with tens of billions of dollars in budget savings. and then they can figure out where else they need to cut spending after that. >> reporter: the secretary of agriculture tom vilsack has said his department is preparing a case the permanent law comes into effect. temporary solution is to attach a farm bill extension to the fiscal cliff legislation. harris? harris: is there anything besides milk we need to be aware of? are we looking potentially at higher prices among many farming commodities for example? >> reporter: yeah. it is not just the cows. it is the crops too. it is possibility the go
. the cuts, which are politically expedient, but costly to government expire in ten years time. >> both houses of congress have now passed a package of tax relief that will protect the middle class. >> when it came time for the cuts to expire, the u.s. is just emerging from the worst recession since the great depression. so president obama agreed to extend the tax cuts for two more years in exchange for congress extending federal emergency unemployment benefits. those cuts are expensive. if they're extended by 2020, the bush-era tax cuts will be responsible for more than half the total national debt. democrats insist that taxes go up for the wealthy but stay in place permanently for those earning less than $250,000 a year. >> we need to stop the job killing tax hikes, and we need to start cutting spending now. >> republicans refuse to play ball. they say no higher rates on the rich, no tax hikes on anyone. based on an ideology that calls for government to be as small as possible. the roots are as old as american politics, but today the philosophy's main spokesman is this man. grover nor
.s. government. deals of the government. lockheed martin, granted construction. grumed. saint jude medical. motorola, waste manage: these are companies that not only have big contracts with the government but employ a lot of people who should these contracts not be renewed to the extent they are right now. those employees could be facing an uncertain future. >> harris: wow, at a time when we're still trying to generate enough jobs to break even at the end of the month. >> that's right. >> harris: adam shapiro, thank you. three police officers recovering from a rampage that played out inside their police station. it happened in southern new jersey. they say a man police had arrested for domestic violence started shooting. >> while he was being processed, he got into a violent confrontation with the officers. he fired -- he obtained a firearm. he fired and struck three of the officers. >> harris: then those officers shot that man dead. david lee miller live in the newsroom. david lee, how did this guy get his hands on a gun inside a police station. >> harris, he was being processed at the t
democrats putting up votes to help make sure that we continue to fund the government, that we actually pay our bills as a government, that we find a balanced approach going forward. john boehner knows the votes from some of the republicans and some of the democrats can happen. and he's been unwilling to do that. >> do you think it's good -- >> it's hurting this country. >> is it good at this point in the process for harry reid to go on the senator floor and bash speaker boehner? does that not send a message this close to the deadline? >> he's trying to make it clear and i'm trying to make it clear that john boehner can't just say i'm not in there. of course, he is a player in this. if he does not work with the senate, work with the president and, again, the president has time and time again said we have some common ground here. if the republicans do agree, and they say they do, that they do not want to see tax rates go up on the american people, well, the president said let's make sure that we vote on that. 98% of americans can be protected from a tax increase. we can protect seniors under
that problem? >> all we have to do to balance the budget in 10 years limit the growth of government spending so that the budget climbs by an average 2.5% a year. in my mind, this isn't about the short term because whatever speed bump we go over we're going to go over. in the long run that is what i'm worried about, how big is government? how much of our economy's resources will be diverted and consumed by government? because i don't want to become greece or france or one of these stagnant slow growth welfare states. think evidence is very clear that fiscal policy does matter for an economy's performance. doesn't mean we have a recession if taxes go up but it does mean that government will be bigger and our growth rate in the long run maybe instead of 2.7, it is 2.6. that doesn't sound like much but because of compounding it adds up. adam: dan, i don't think there is any danger we become greece or france in a lot of ways. we're not a socialist country yet and greece is a whole different ball of wax. rich, the discussion about the economy, the spending cuts that they're talking about do put peopl
. syria's government, however, today posted a statement on their syrian news agency website in which they blamed this on the actions of terrorists. that's the terminology they use for rebel fighters, opposition fighters in syria. they say that that town was targeted by terrorists and that because of that residents in that town called for the military, for the syrian military to intervene to help them to bring safety and restore security in that area. again, the residents we speak with clearly blaming the regime, and it's one day later and we hear of an attack on another bakery in the homs area. this is in the last few hours. you mentioned it a few minutes ago. we heard at least 15 killed, several children. very gruesome video. you see the corpse of a woman being pulled from the rubble there. the rage of the residents there about this happening is element indescribable. suzanne. >> is there any way of finding out? you have two very different stories. any way of finding out whether it's an international -- through an international body or people on the ground, who was responsible for b
was going on? why wasn't our government helping? >> it was bewildering. the parents tried to do it low-key. they couldn't get the case resolved. they came to me and our two wonderful u.s. senators. thanks to fox. thanks to o'reilly, sean hannity, greta, all of you were so helpful. all the press helped but you guys came to bat. that's why i don't really understand or believe that during a white house press briefing that the white house spokesperson said, oh, i don't know about the case. baloney. everybody had known about the case. gregg: they knew. >> we had been bringing that up. gregg: right. >> this is a family of strong christian faith. for them, as we celebrate the birth of christ tonight what a more meaningful present than, than the god delivering their son to them tonight. gregg: look, we want to talk to you about a couple of subjects here and that one, thankfully turned out well. let's turn now to benghazi because you are very involved in this. an independent investigation, i know you read it, produced this blisser iting report what they refer to as systemic failures in the very
up on all american taxpayers and hundreds of billions of dollars in automatic government spending cuts will kick in. potentially plunging the economy back into recession. after the boehner plan fails stock markets around the world reacted and reminded the president, congress, and the senate that morefalures of leaders and failures to reach compromise in washington will have on peasant and possly exceedingly painful consequences wall street today sold off sharply despite more positive news on an ecnomy that is now obviously growing and building momentum. the dow jones industrial fell 121 points. the s&p down 39 and a half, nasdaq lost 29 points to assess what is now a bright new economic prospects and the consequence of further gathering in irresponsibility in washington, we are joined by economist john lonski, noted fund manager and strategist harvey eisen, and in other news fromwashington tonight president obama nominating senator john kerry to be the next secretary of state with their views on kerry, benghazi, obama's foreign policy. we will be talking with fox his national secu
enemies than ever and needs america's backing. but at the same time this israeli government is so spoiled and has shift sod far to the right it makes no effort to take u.s. interest into account. and i agree with that. when netanyahu moved and cut off any chance of a united west bank government, he basically took a step that was completely in the face of u.s. policy going back to george w. bush. >> that's true. i think one of the things to be keep in mind is this pre-nomination process seems to have gotten completely out of control. where congress has too much to say who the presumptive nominees that any president offers forth. over history only 20 cabinet nominees have been knocked back. seven have been rejected and 13 have withdrawn those names. seven of those have happened under the past three administrations. so i think there's something wrong with this whole process where a presumptive nominee is litigated in public and the -- >> how do you avoid this? how do you do it? >> he's got to make a decision. obama has either got to nominate him when he gets back to washington tomorrow or mo
on the capital. they're search-rich and is a former french colony. they say the government is not honoring a cease five including release of political leaders. >> back in the u.s., the storm has come and gone and at least 16 deaths are blamed on the weather. in hard-hit arkansas, more than 135 homes and businesses remain without power. edward lawrence reporting. >> reporter: snow blowers and plows are pushing through a foot of snow in the upstate new york. the icy snow is a challenge for those who only have a shovel. >> it's been brutal. >> reporter: the storm drops several inches in the northeast and new england making it hard to get out and get around. streets are a problem in west virginia and maryland. this woman skit off the road and hit a mailbox. >> we just lost control. yeah, pretty scary. >> reporter: the weather is part of the same mass av system that crossed the country this week dumping snow from the west coast to the east coast and creating powerful tornadoes in the south. bad weather continues to delay flights in the northeast. that's bad news for holiday travelers trying to
happens january 1st. here's why they get sales from government contracts. that's the deal. it's not just the lockheed martins of the world. you'll see in here, humana, other health care companies, of course, medical device companies hit with the tax, but they have striker, for example, and there's a lot of sales from government contracts. you'll see in here, look at that, motorola, holdings in and waste management companies like waste management and republic services, ashley. ashley: what are the stock prices on the companies, iz? >> good point. goldman sachs warned since 2011 when that debt ceiling crisis hit in the summer of 2011 that triggered the fiscal cliff learning that the companies could under perform, but there's another wall street player, and that's fidelity saying watch for the banks, not just because they are under pressure as they track the general economy, but it's because business capital spending is down as of the third quarter, really went south, worried about that and activity dropping off by 20% versus the prior year, and banks make a lot of fee money. people, you k
the world. look at japan and europe. the japanese government is the glaring war on japanese citizens. it will create inflation. if the japanese citizens start to dump their bonds, they have been a bigger part then japan recently. that is a big problem for us. their euro has been quietly depreciating. if that goes out, that is a much bigger fiscal cliff. if the buyers of treasuries become sellers. liz: there are a lot of "if" in your discussion. the bond markets are still pretty -- nothing from the bottom vigilantes yet. you were a clinton advisor. you saw in the mid- 90s bond yields really spike higher. that is the issue. if we see the economy healing, bond yields could go up. investors say, wait a second, why invest for bond. >> that is the key issue. we have not seen interest rates spike for a simple reason. nobody has confidence in the economy. nobody believes we will have robust economic growth. we could be heading towards a recession. especially given the disappointing christmas sales. i am frankly skeptical about what will happen with our economy either way. i think we will go
to cut elsewhere. >> reporter: without new legislation, government price supports for milk will revert to 1949 levels. back then, the process was more laborious, and farmers needed a higher subsidy to cover their costs. dan summer, professor of agricultural economics at the university of california davis, says the new price of milk will be far above what it now costs dairy farmers to produce it. >> it really will be just chaos. nobody really knows how to act. >> reporter: so we would go back to this old farm bill, which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> here's the problem for dairy farmers: they don't want chaos in the milk market. it sounds good-- "gee, everybody will double or triple the price"-- but how much milk would people buy at that price? >> reporter: nobody will pay it. >> nobody will pay it. >> reporter: shoppers for milk today couldn't understand why congress can't at least solve this problem. linda vella: >> they all need to be fired. and if we want to continue to
to be part of the deliberative process. he heads an entirely separate branch of government with an altogether different purpose. i think we need to go back to the way the government was designed to operate, and that is the deliberative function, in the legislative branch, both the house and the senate, acting independently. and then resolving their differences through conference. that process works, it works very well. this business of a couple of legislative leaders and the president going behind closed doors, coming up with some clever scheme, and then dropping it in the laps of the congress for a take it or leave it vote produces bad policy. in fact, bad process always produces bad policy, and that's what we're seeing. >> congressman, we've been seeing virtually no progress to date, but i hope folks have your optimism about not going over the cliff because of the disastrous implications. congressman mcclintock, thanks for coming on. >>> chuck hagel hasn't even been formally nominated to be the next defense secretary, and he's already taking right hooks from members of his own party, but do
stores and its sister company of christian themed book stores sued the government claiming it violated the religious rights of the company's other thans, evangelical christians. they requested emergency relief from the emergency contraception mandate after a lower court denied their request for a religious exemption. the into you rule goes into effect on new year's day. although sotomayor didn't rule on the marities of the case her refusal to grant a temporary stay of the hhs contra isception rule is onerous. starting next week the company will either have to pay a daily fine of $1.3 million or stop offering their employees healthcare, or abide by the rule and violate their religious conscience. now, it is worth noteing that when she sat on o the second circuit court of appeals, judge sotomayor ruled in favor of the religious rights of a muslim inmate who was denied a ramadan meal in prison. she was asked about that case and the religious liberty issue at her confirmation hearing. >> it is a very important and central part of our democratic society that we do give freedom of religion,
geithner says the government will hit the debt ceiling on monday and he is launching an emergency plan to avert a crisis. amm eamon javers is live. what do we know? >> the president is coming back early, a couple days earlier than his vacation. did a little bit of jogging, working out in the gym over his vacation. now he will be,ing would out on this fiscal cliff. the senate is coming back and the house of representatives is going to have a conference call for all republicans later on today and then yesterday, we saw the secretary of the treasury, tim geithner, announced the $16.4 trillion debt limit is going to be reached by monday, that was a little bit surprising to people who haven't been following this kind of thing and raises the stakes for the fiscal cliff end game because the white house had wanted a debt ceiling deal as part of the overall deal here on the fiscal cliff. republicans have been resisting that by announcing the debt ceiling limit will be held on monday, ratchets up the pressure to include the debt ceiling piece in the final package, whatever that may be, but still
said the government will blow through the borrowing limit that congress set in 2011. he warned the window to act is narrow or else a treasury could default. in washington, lisa will walk us through. first, let's explain what exactly the debt limit is and it sounds like maxing out a credit card, but not precisely so. >> that's right. it is not like maxing out your credit card. we are going to make it as interesting as possible. it is important. the debt limit is not like maxing out your credit card. this is money we spent as a nation. this is a lot more like buying a house. committing to a $200,000 house and signing the papers and imposing a rule on yourself that you can only borrow $100,000. you need $200,000 and you spent the money, but you have the cap that you imposed on yourself. that's what the debt limit is. we will look at where we are with this handy graphic. the debt limit is $16.394 trillion. where are we now? we are at 16.337. we are just under the limit. almost reached our capacity. >> getting that far, it's our own fault and putting ourselves in this predicament. o
. that includes those budget cuts for most government agencies, the sequester. that may happen at least in the short term. it doesn't seem to be on the table now. also, the medicare doc fix. we don't know for sure if that's going to be in this deal or not. a lot of other pieces still on the table and in limbo for now. >> okay. lisa desjardins, we'll be watching with you, thanks. >>> as you may have guessed, uncertainty over the fiscal cliff is having a ripple effect from washington to wall street. u.s. stocks ended the session in the red on friday for the fifth straight day. a triple-digit loss for the dow, that tumbled 158 points. the nasdaq lost almost 26 points while the s&p 500 shed almost 16 points. >>> in washington, each side of the aisle is pleading its case directly it the taxpayer. both the president and the republicans talking about the fiscal cliff in their weekly addresses. the president said yesterday he was modestly optimistic about a deal, but here he seems to hint at his own plan b if the senate can't reach a deal. >> if an agreement isn't reached on time, then i'll urg
,000 people signed sniet we started yt we the people" so you could petition if government on the matters you care about the most. >> reporter: it allows anyone to create a petition and with 25,000 signatures in 30 days the white house promise as response. since the shooting the website has received more than a dozen petitions supporting gun rights and gun control, but the requests aren't always serious. >> that's not a moon. it's a space station. >> reporter: one asks the federal government to secure resources and 23u7bding to build a dealt star by 2016. it has 32,000 signatures. multiple states have asked to recede from the u.s. the move to kick morgan out of the country may have some support but laughing it off. tweeting merry christmas, even to those who want me deported. >> two others have pop up. one asked u.s. to keep him because britain doesn't want him back, the other says his spiech is protected. much of the admin station knew -- >> do they realize how social media -- >> there you go. >> consider can get a mass of people for anything. >>> it was a busy year
year's was in 1996. that is, of course, when they were dealing with the government shut down. politics will be put aside this morning. the president, a lot of members of congress will be attending that memorial service for the late senator. >> kristen welker in hawaii. we will check in with you again later in our show. >>> from the fiscal cliff to gun control nra executive vice president was on "meet the press" this morning and here is part of what he said. >> i don't understand why you can't just for a minute imagine that when that horrible monster tried to shoot his way into sandy hook school that if a good guy with a gun would have been there he might have been able to stop it. >> nbc news editor is with me in the studio. there were armed guards at columbine. >> we know the nra is going to dig in. nothing is going to change until the other side can show that it can win these kinds of arguments. we saw this with environmental regulations in the 70s. you saw this in the 90s with the assault weapons ban. i think a lot of democrats got spooked after the mid 90s because so many of them l
fiscal cliff deal. meantime, treasury warns the government will hit its legal borrowing limit by monday. it's thursday, december 27th, 2012 and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. i'm andrew ross sorkin along with joe kernen. becky continues to have the day off today. our guest host today is bob broska. house speaker john boehner urging the senate to come up with a passable fiscal cliff solution. he's promising to at least consider any bill that the upper chamber produces. senate majority leader harry reid now expected to base any legislation on a bill passed earlier this year to continue tax breaks for households will incomes below $250,000. a senate bill would likely contain an extension of expiring unemployment benefits. and the other big news of the morning, treasury secretary tim geithner unveiling a plan to buy time under the debt ceiling. in a letter to congress, geithner saying that treasury is going to begin taking steps this week to delay hitting the government's 16$16.4 trillion borrowing limit. treasury will tak
's government unleashes its most sophisticated weapons of the war. missiles from iran. we'd like to welcome our viewers here in the united states and around the world. wolf blitzer is off today. i'm candy crowley and you're in "the situation room." >>> i want to begin with a crisis you probably don't know is coming and, of course, is just about to hit. barring a last minute deal, union dock workers at more than a dozen major ports will go on strike this weekend. meaning just about everything we buy, from clothes to cars, can't be unloaded. the strike would impact 14 port along the eastern seaboard in gulf coast, including the port of baltimore and that's where we find cnn's brian todd live. the potential impact of this is pretty big. >> reporter: it's huge, candy. right here, this is one of the most crucial ports for commerce in this region. the sieger terminal. you can see massive container ships sitting in port. this is the port terminal with the bustling operations, containers still being moved in and out of here by a truck that are being offloaded from the ships here at the terminal. about
government, not raise taxes. it's not for 500 years or two generations. it's only as long as you're in the house or the senate. if he stayed too long, that's his problem. but you don't tell the bank, oh, the mortgage, wasn't that long time ago? if you make a commitment, you keep it. >> coming up, was mitt romney done in by his own party? when we come back, the republican presidential candidates who may have inflicted mortal damage on him rather than president obama. >> i'm just going to go back to the empty chair, which was going to be todd akin, who was going to talk to me about what hide said about rape and women. since it's just the chair, my obvious question would have about why are you such an offensive idiot to women? and the second obvious question, which again has to go to the chair unfortunately, would be why haven't you resigned yet? anyway, let's leave it there, shall we? they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. make a wish! i wish
geithner has warned congress hat u.s. will reach its debt ceiling on monday. that is when the government reaches its legal borrowing limit. now, this could pose a bigger threat to the nation's credit rating than the fiscal cliff. treasury can keep the government operating for a few weeks using emergency measures, but congress needs to act on this too to avoid a full-blown debt crisis. alina cho. joins us with the ret of the top stories. >>> former president george h.w. bush remains in intensive care in a houston hospital with an elevated fever. he is on a liquid diet an his condition is listed as guarded. his spokesman quotes him as saying i'm determined not to be dprumpy with all of this. >>> toyota has agreed to pay up in a major way, $1.1 billion to settle a class action suit over sudden acceleration issues. under the deal toyota will install a brake override system in effective cars. it will also set up a fund of $250 million for former toyota owners who sold their cars from september of 2009 through all of 2010. that money would compensate owners for their car's reduced value becaus
amounts to 8 1/2 days of government spending. he's willing to raise everybody's taxes and hold the country hostage over the issue and the economy hostage because he so wants his rate increase for 8 1/2 days of spending? tell me where the sense in that is. >> you know, you know, i'll give you this. you are strong on principle, sean. but let me tell you something, you are way, way out of line with the thinking of the american people. it's something like 60% now, i think it's in the mid-50% of americans who approve of president obama's handling of the budget negotiations. the president cut his vacation short. and you talk about the senate doing nothing. >> let me ask you this. >> the senate has passed a bill that would give an extension of the bush tax cuts to 98% of americans, sean. 98%. john boehner, a guy i like very much, but john boehner's ratings are now lower than nancy please sis. that's what the american people think about the way the republicans have handled it. >> the senate hasn't done their job in 1300 days and somehow, brent, the blame is on the republicans who did pass a bill,
for is increasing taxes that will only pay for 8 1/2 days of government spending. now president obama has not been a leader on this. he's not been serious. he's been acting weak and, of course, clinging to his radical ideology. enough is enough. maybe it's time to have the republicans call the president's bluff. let him take the country over the fiscal cliff if he so chews. republicans were elected to get the fiscal house in order. maybe it's time to stand up for your kids, your grandchildren. maybe they should dig in their heels and say they are looking out for the future and future generations. maybe now is is a time to take a principle stand and say they are not going to let washington continue with the out of control spending, the debts and deficit. maybe now at this moment maybe that's the right thing to do. joining me now with reaction to the developing steer are congressman loui gomert and -- go ahead. >> i can totally with him that he cannot imagine our consciouses in the house because you would have to have one to imagine ours, and he's shown repeatedly over three years of no budget? come
to trim the size and scope of government, whether it was the bush tax cuts a decade ago or whether it was the debate over the debility ceiling just over a year ago is going to likely end up as an effort to expand the size and scope of government. that's something that can only happen in washington. >> eric: both of those guys make very good points. a lot of people are asking why would you say go over the fiscal cliff? i have a lot to lose if we go over the fiscal cliff. my taxes would go up. i'm heavily invested in the stock market. it will probably take a big hit. but in the long run, the only way to solve america's debt problem -- we have a debt problem. we have a very bad debt problem. we're on our way to $20 trillion in debt, maybe 25 in the next five to ten years. the only way to fix that is go over the fiscal cliff 'cause clearly democrats don't want to cut spending. they'll have to be forced into that and the only way that happens is hit the sequestration, the things that the fiscal cliff will bring of the that's why. i'll take the medicine, the pain now for a healthier econ
, but public policy makers, people who are in government need to look after public employees whether they're firefighters or teachers. and these kinds of weapons -- we're talking about urban situations as well. there's no argument, not a hunting argument, not a self-protection argument for this kind of weapon. and i think that's where the political debate is going to go shorply when it comes to assault weapons. >> if you go with lapierre about arming our teachers and schools, we should arm firefighters. where does it end? >> which no firefighters would want. and how are you supposed to check as well in a firefighter situation what the mental state of the person you're trying to rescue is? it makes no sense at all. and again, if you are leading, you're an executive in government you have to look at our employees as well. >> one of the things that struck me about the press conference and on meet the press, is the number of factual errors from lapierre. we're going to look at this and talk about it on the other side. >> killers, robbers, rapists, gang members, violent crime is increasing aga
branches of the government not willing to make the deal they know they have to make. everybody wants to play the blame game. this is about to put us over the edge. >> perry, i want to start with you. if perception is reality and the blame is going to matter to somebody, which side is it really going to matter to? ivities the blame is on both sides. what's driven this whole process is republicans are very opposed to -- just the republicans who will vote for any tax increase. we learned last week from the plan b vote. once we go over the cliff, republicans are ready for a tax cut, not an increase. right now that's what the big challenge is. >> chip, is that the biggest strategy here, get to the third and pass the third, the new congress comes in, boehner danger doesn't exist anymore, his speakership stays in place and grover norquist gives a thumbs up to up? >> i don't think that was the strategy a week ago. i think the speaker was trying to put the deal together, as we've seen the senate not -- i think that may become the strategy. i've always thought they would wait until the last ho
this is insanity and the threat to the economy is not a reasonable way to govern. >> mike, how -- again, not to oversimplify this thing, but how did we get here? i think most folks following this fairly closely assumed that as is the case with a lot of things in washington, d.c. that at the 11th hour withere will ba deal that gets done. there are a lot of folks involved in the deal making saying, it won't happen this time. >> well, look. i think ari is right in one real respect which is they set this up, you know, more than a year ago as a way of trying to provide counter pressure to the political pressures that exist across the board on all of these lawmakers and these individual districts. they thought that the pressure, the scare tactic that they put on themselves of deep defense cuts on the one side and deep cuts to domestic programs on the other side forces everybody to the table. it clearly turned out that in the wake of the election we had, the pressures in their districts, the threat of being primaried especially on the republican side meant that folks aren't willing to move as
the government down if you remember in 2011. they didn't care. the president compromised. we finally came up with a deal. when we came to the debt ceiling. and beginning to pay our bills. and continuing to pay our bills. they didn't really care. i think that's what they were set out to do. to close the government. we are in a season where we need to act. >> you, congressman -- >> on something concrete. >> i didn't mean to interrupt you there but it sounds like you think it's a deliberate attempt to take the economy, the government. >> yeah. 55. the tea party members. not john boehner. john boehner's allowed himself to be captured by the fellows. he is above and beyond that. i think he's basically trying to do the right thing but he can't get a vote out of his own party for his own legislation. who does he turn to? the president of the united states? more worried about getting a proposition from the president to turn down then what proposition is he talking about? i think the president has been more than willing to compromise and the democrats in the house of representatives. we need 30 votes
to see i increase my interest because these guys can't run a government, you're looking at going toward a recession where we're playing politics in washington. this is very serious. this is not just beltway rhetoric here. i think that people need to understand to the point of calling their congressional representative in outrage today saying, we should not be at this point. they're playing politics with the actual livelihood of families. this is not something that it will be all right a week or two or three or four. we start to go down that cliff, we don't know whether the momentum downward is going to be very, very damaging. >> yeah. >> maybe. >> you got na smirk on your face. >> maybe. i agree with the reverend that they're playing politics with livelihoods, because it is a huge risk. you're right about that. i disagree a little bit on the sort of dramatic, immediate impact of it. what we could get -- this is a possibility, and i'm trying to be optimistic because it's towards the end of the year. it's been crummy for a lot of people. we could get a deal the third week of january where
is not the right solution. we can still count on government to disappoint us each and every time that we need their support, that's a beginning, yet we've had two 10% corrections already this year in stocks, including dividends. they are up close to 14%, and this type of environment, where you're probably going to see another 3% to 5% selloff because of this fiscal announce, fiscal irritation, and when you get that, you should take that money and put it to work. simply because when you look at corporate america, the average company, bill, is generating a 16% to 17% return on equity, record free cash margins and a federal reserve that has the pedal to the metal. what you and i have talked about before repeatedly, $4 in taxes for every dollar in phantom spending cuts. that's fiscal irritation, but the health of corporate america will be what ultimately prevails. >> sounds like david has been reading your book, rick santelli. >> it does. >> big fan of rick. >> this is such a perverse world we live in, okay. let's look as what's happening. down 158 in stocks and that pushed the ten-year yield und
value, at the turn of the 20th century where government spending was 9% of gdp, we're now at 25%. there are some that say, take what we give you and retrofit government to the size of 19% or 20%. do that first. he just wants to shrink what it's grown to, this unwielding federal government that -- don't you think 25% needs to come down? >> well, part of that is cyclical. >> okay. so at 3%? >> 21, 22. >> i would say 22. >> so we have to get it down to 20.5. >> the three big beasts in the budget remain medicare/medicaid, social security and defense. you have to cut almost everything else to zero to get close to balance or to make a big difference. so i think in today's world, given that those entitlements, even if you reform them and cut back back will increase as people like us eventually retire. it seems to me that sizing the government for something around 22 or so is probably doable. but not easy to get to. because you still have to have major cuts and major long titlement reform to get there. >> you see one of the major ceo guys, and i'm not going to quote which one, said yest
like contractors that have been contracting with the federal government to replace the shuttle? and could you comment on where the commercial space ports of the future will be located? >> well, for suborbital manned spaceflight, they can use any airport with a 12,000 foot runway. branson is considering doing it in an isolated place in new mexico. i tried to talk him into doing it in a place where there is an ocean and something worth looking. at any rate, his plan to put spaceports in five or six different countries, he wants to do one or you can let people see the northern lights during your space flight. so he has some really neat ideas about where it could be done. when you look at where funds are available for a space port, there is one planned in dubai. there is not one affordable enough to fly into orbit, so i suggest that we had better solve that problem and then think about what a space port would look like. >> your thoughts on using model aviation as a funnel for youth to get into aircraft engineering, because your friends at the faa are trying to lump us then with the
here that the federal government has emerged as one of the most potent factor driving income inequality. what do you mean? >> this has to do with the first story in the series, which is about tax equality. we did find the bush era tax cuts and sort of increased incomes at the top, that was a factor in reducing inequality, so it can be something that the government can do to mitigate. we tried to look at data in our series. we didn't want to be partisan about this. one factor that can help is tax policy, but the broader issue is jobs. people at the top are earning much more than they ever have. >> talks to that point about tax policy, the numbers out there, is it 250,000? is it 400,000? what is the threshold that would help to flatten this issue of income inquaet, be more progressive, perhaps? >> i think it would help to, at the top, to increase the rates. i think there's a need for training. we looked at two states along with washed. we looked at massachusetts and indiana. it's a skills economy. the manufacturing jobs where a high school graduate could sort of get a debt well-pays jobs
on the government. a court there deciding to let him go. he flew to the border with his attorney and his dad is driving him home to florida. his mother, incredibly relieved. >> it was like my first night i slept all night without getting up. it was just the thought of not wondering what's going on with him. can anyone hurt him tonight. he's eating, he's able to actually have a meal. you know, it's just -- i honestly can't totally process it until he's here. we're days away, so i'll take it. >> honestly he knows he made a mistake bringing in the gun but to be honest i'm happy his family's together for christmas. there are reports he surface from ptsd from his war time experience and his family says now he's got a stomach bug and a chest cold that could be pneumonia. if that gets worse they may stop along the way home at a hospital. >>> a lot of people didn't think he would get out for christmas. >>> a weather alert. the powerful storm is slamming the northeast. heaviest snowfall making a mess in syracuse, and as you can see, creating sloppy driving conditions on the roadways. early this week,
single time i go to a town hall meeting, folks believe that if only we eliminate the fraud in government, we will balance the budget. due to the spending, we are way far out of balance. fraud will not do it. that will not be enough. what the underlying bill does to eliminate the defense sequester cuts president obama has called dangerous, it says, the only people who should get food stamps are people who qualify for food stamps. that is right. the underlying bill says the only folks who should get food stamps are those who qualify. it turns out, like every federal program, there is fraud. some folks are receiving taxpayer-sponsored benefits today who have not earned them, who do not find themselves entitled to them by virtue of their circumstances. because this bill aims to eliminate the fraud, folks come to the floor and say, why are republicans throwing hungry people out during christmas. it is outrageous. we cannot have a conversation about serious things in a serious time. the outrageous pointed to last night, what happened last night is exactly what i would hope would happen in a co
majority leader harry reid now saying that it appears that the government will miss the deadline for avoiding the fiscal cliff. so what will that mean, and how will america respond come january 1st? gregg: new developments in the investigation into the deadly connecticut school shooting. jenette sises have been asked to study the gunman's dna. what can they learn about it? gregg: severe weather alert. winter warnings in effect as a brutal storm is sweeping through the u.s. it brought massive amounts of snow and even tornados to parts of country and claimed at least 15 lives. illinois was no exception. major problems on the roads as snow and sleet pounded the area, forcing some businesses to remain closed. maria molina is keeping an eye on the storm from the extreme weather center. we're going to get the latest, top of the hour. >> new year's eve is fast approaching and for decade and decade the american people have watched the ball drop in times square. it is the countdown to midnight, the start of a new year. but this year, mr. president, the american people are waiting for the
your bank that goes to the federal government. but you can go online and with free holiday shipping purchase a high capacity magazine. even the law enforcement in the communities have no way of know ing a large number of weapons, perhaps a bullet proof vest. that might send off a few alarms. making it harder to sexercise te right to vote. we should think that people are more responsible owning a gun than casting a ballot. that is part of what is being revealed. >> i want to go to one other finding in this study about this. it is about the notion of people need guns for protection. >> there is no evidence that a gun in the home reduces the likelihood of severe iity durin break in. it is actually going to be usable in a way that will protect you. >> to the contrary. those same studies have shown, they are are more likely to go through if there is a gun in the house. what is more likely to happen is you are going to get shot. what happened is, they didn't kill the shooter. the shooter killed themselves. they were in able to get to it. >> they looked at the mass events. if somebody had
. if they want to. they have the right to protect themselves. the government cannot protect us. they can't be everywhere all the time. the government has delusional thinking. >> it's such a complicating subject and i hate to play into the sound bite. we're 5% of the world's population and we've got 50% of the guns. >> you know, today i think the nra planted a flag on planet bizarro. i hate to use a sound bite like that. but we have more guns in this country and we have more gun violence in this country than any other western industrialized nation and they don't see a link and, in fact, what they then say is, we need more guns like our guest just said. that's the world we live in. we live in a world where everyone around the country has mentally deranged people, violent movie games, violent music as we do, and yet they don't have the number of guns we have and strikingly, oddly enough they don't have the same gun violence that we do. i don't know why that point escapes wayne lapierre. and our guest on the show tonight. >> mr. siebold, i feel naive. i'm confused. i expected the nra to embr
in india. the indian government looking into whether wal-mart's lobbying activities in the u.s. violated indian laws. shares of wal-mart closed fractionally higher. smith and wesson is buying back an additional $15 million worth of stock, on top of the $20 million repurchase program it recently completed. smith and wesson's shares have fallen nearly 10% since the newtown connecticut shootings. investors bought up gold today, as a safe place to park money while washington lawmakers spar over the fiscal cliff. the precious metal settled $3 hier at $1,663 an ounce. gold prices are on pace for an annual rise of about 6%, the smallest annual gain since 2008. and, supply concerns pushed palladium prices to a nine-month high. investors are worried that tight supplies from the world's top two producers and steady demand from the auto sector could mean higher prices in 2013. it settled at $708 an ounce: over the past year the metal has rising about 7.5%. and finally, for the second day in row the ishares emerging market e.t.f. ended higher. and that's tonight's "market focus." >> susie: once upon
is due to fears of sharp tax increases and government spending cuts set to take effect next week. barkley is considering a plan to change the face of downtown with the first high rise in that city in 40 years, a los angeles real estate group today submitted and application for the plan which calls for a 17 story luxury apartment complex on harold way by the downtown bart station. the plan includes a rooftop garden, conference center and four levels of underground parking. if approved the development would transform the block long harold way there in berkeley. the project is expected to face opposition from pest veryvationist. the developer wants to tear down the back of that. >>> former president george h.w. bush is in guarded condition at a houston hospital. a spokesman says he is alert talking with staff and surrounded by his family. he was moved to the intensive care unit on sunday and been in the hospital since last month for complications related to bronchitis. >> they don't put you in icu because things are going well, we are hoping the medicines and the treatments can help him turn
, saddam's military in kuwait and return right, full governance back to the citizens of kuwait. >> his father once said -- told him, he said, the day i was born that boy is going to west point. it was literally a job he was born to do. boy, did he do it well. the nation is remembering him today. thank you for helping us do that, general spider marks. happy holidays to you. >> you as well. >>> former president george h.w. bush has a message for his admirers around the world. he's not going anywhere. in a message in thursday, his chief of staff said the 41st president's condition is not dire. becker said mr. bush has every intention of staying put and that we can "put the harps back in the closet." the 88-year-old mr. bush is in the intensive care unit of a houston hospital where he's receiving treatment for an elevated fever. >> still has his sense of human. >>> vladimir putin has signed a continue versional bill banning u.s. citizens from adopting russian children. the decision raising tensions between the two countries, seen for retaliation for a new law in the u.s. that seeks to puni
government bailout than meets the eye. liz macdonald tells us the white house is backing a plan to help out underwater mortgages and not just for government underwritten loans. shibani: let's take a look if you own these stocks on the nasdaq you are making money today. research in motion, netflix, a lot. dennis: the christmas movie box office cannot non-violent are rated westerns by quentin tarantino against a broadway musical based on a nineteenth century novel, was miserables and the musical won. universal's less miserables broken million dollar guarantees, tarantino break-in $15 million, the highest level christmas opening for and are rated film. elsewhere taylor swift is breaking up with stream music services. turn newest album read finished fifth week at number one but she refused to make it available on internet streaming services that the attendees her songs. other music acts may take notice. a great story in the wall street journal. an office building, number one times square, the bad news, it is mostly vacant. the good news is it brings in $23 million a year in ad revenue on
would only fund the government for eight days. >> the senate is set to reconvene sunday at 1:00 eastern time. the house expected to be in session sunday. are going to start around 2:00 with the first votes coming around 6:30 p.m. let's head on over to the white house. kristen welker standing by. a lot happening in washington, d.c. a lot happening i would assume at the white house. but how engaged is the presidented to in moving this thing forward? >> reporter: good afternoon, t.j. i am told there are conversations going on at the staff level. as you know, he met with congressional leaders here at the white house for about an hour on friday. now sources who are familiar with that conversation tell me that the president essentially said to lawmakers, you have two options. one, come up with a plan that can make its way through both chambers, or allow his proposal to go through a vote in both chambers. and that's what you heard the president referencing in that sound bite that you just aired, t.j. in the president's proposal it calls for extending the bush era tax cuts for those making $250
, basically want to have a 51-vote rule be the governing principle. most of them honestly have never been in the minority. those who have been in both majority and minority are the most reluctant to see this. so the majority leader senator reid feels very strongly the frustration. we understand that frustration. and there is the possibility that on january 3, the united states senate -- then a parliamentarian -- would overrule and it would require 51 votes to change the votes of the senate. that, my friends, would be a disaster leading to the destruction of the unique aspect of the united states senate as envisioned by our founding fathers. i also want to point out, i think that senator rudman -- senator levin described very well bringing up legislation and all of that with the hand out here. but i also want to point out that the practices of the senate have been abused. senators now can call from their home state and stop progress on the floor of the senate. that cannot happen anymore. that cannot happen. if a senator was to block legislation, he or she should go to the floor of the sena
protests-and a government panel will be assembled to look into the crime and suggest ways to approved women's safety. >> south africa's presidency says that former president nelson mandela has been released from the hospital. the 94 year-old had been in the hospital since the beginning of this month. he was diagnosed with a lot of infection and also had a surgery to remove gall stones. a presidential spokesman says that mandela will receive more medical care in his job and spur home until he fully recovers. >> the u.s. department is criticizing a bill passed by russia's parliament to ban americans from adopting russian children. president about the miracle 10 says that he signed the measure. police and says that the ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog barking ] ♪ no more paper anything. safeway presents just for u. ♪ save more. save easier. saving more, starts now. just for u on the safeway app. >> more on this developing story this morning. one person is dead following an officer of ball issued and walnut creek. will tran joins us live periods in
cliff, so note to the government. it does matter. >> yeah, but that's, as you say, part of it. laura, what else is going on? it just felt like we were going into a lackluster season here. what happened? >> i mean, there's been some discussion about weather trends as well, but whether or not we go over the fiscal cliff, consumers think next year we'll see higher taxes and lower entitlements. the only place in our space where we see a very significant fiscal cliff hit is aspirational customer, so the step-up customer into low-end tiffany's jewelry, for example, we just don't think they showed up this year. >> even if people, stacy, are going to be hit by higher taxes next year, at least some people are going to be hit by higher taxes next year, a lot of this is psychological, isn't it. you turn on the tv and you're feeling spooked, right? and once we have a deal or resolution, uncertainty taken away, will people unleash their spending? will this be unlocked? >> i think at the high end, yes, there will be some relief, and, you know, to laura's point, we were in tiffany over the weekend,
. >> good morning, dave. >> dave: they will be fined if the government chooses $1.3 million a day for not going along with obama care. why? >> that's how the law is written. and this mandate is written so that if they don't provide abort fascia's that's what they're opposed to the in hha mandate. some opposed to abortions. hobby lobby don't want to pay for abortion pills cord under the hh mandate. they will be penalized again for what costs roughly a couple of dollars per person maybe a month in their nrch plan. $100 for each of the 13,000 employees they have. just not it not giving their employees access to for free at no cost and no co-pay abort faces. that's what's at issue here. this is a religious freedom issue. and a question of like the supreme court handled the citizens united do corporations also have if they have got free speech rights in the first amendment. why wouldn't they have the free exercise of religion rights that are also in fact, they start the first amendment as the religious -- i think it's a very important point to make that though hobby lobby has had a tou
extremism. an interest group out of control, not a government. democrats, even red state democrats, take note, sandy hook put a face on unlimited gun rights and an nra run amok. it's time to stop being afraid of the nra. time to stop changing the subject when guns are brought up. you, democratic politicians, can run on common sense gun restrictions, and you can win. for the first time in decades, there is now a political price to be paid for gun extremism, and i have got an idea for your first commercial. did you happen to see wayne lapierre on "meet the press"? that does it for us on "the cycle." karen finney is in the chair for martin bashir and it is all yours. >> thanks, krystal. good afternoon. i'm karen finney in for martin bashir on this thursday, december 27th. the president is back in washington, the senate is working against the clock, and speaker boehner, yeah, he's m.i.a. >> no new negotiations are scheduled. >> congress has five days to strike a deal before the end of the year deadline. >> they're calling it the fiscal cliff. [ speaking foreign language ] >> john boehn
of combination of gun control and mental health initiatives on behalf of the government. a lot of the silence up until now has been blamed on the nra's political power. it's estimated in your own race in 2010, the nra and affiliates spent $1.5 million to outst you. how powerful are they really? i heard ed rendell say they are a paper tiger. are they really that powerful? does the sandy hook shooting do anything to change that? >> no, they are not that powerful. look, we came within two percentage points of that race and it had nothing too do with the nra. the nra opposed me in every single race and i won every single one until the very last. my take on this is that americans very much want their liberties to be respected. but we are americans that come together in a community and if we want more senators, senator casey recently changed his position and that's the tragedy about connecticut it took that tragedy to have senators to do what's actually right. the nra is not a complete paper tiger, just a special interest group, and i believe that americans want to do what's right for the community. t
this morning it would be similar to the way that government protects air travelers from terrorists. >> there was intense debate on airplanes, guns have no place. yet we have a federal air marshal program i helped to oversee which provided a deterrent, increased the safety of the airlines and it's not like an armed camp when you go on the airlines. >> reporter: mark warner has an "a" rating but made it clear he disagrees with the idea and he thinks multiple steps must be taken to avoid mass murder. >> if my memory is correct there was an armed individual at columbine years ago and it didn't prevent that tragedy. i think we need a comprehensive approach. i think looks at protecting our schools and look at high volume magazines that can fire off so many rounds. >> reporter: the ceo said banning those high capacity magazines won't make any difference to make people safer. >> heather: peter, thank you. >> gregg: and a fox news extreme weather alert. two powerful winter storms lashing opposite ends of the country. one dumping rain in the west and the other raising hopes for a bit of a wh
to cut government spending. so while this is an important part, there are many chapters that are going to be happening over the next 24 hours, and we will see if they can get it done. the goal to have something ready to look at by sunday. >> thank you, kelly. my eyes did not glaze over, honestly. this has been a rough couple of weeks for john boehner and hard to believe he is the first casualty of the war. as kelly just said, boehner put forward the plan b only to withdraw it when he could not rustle up enough republican votes, and since then he is more of an observer than a player in the crisis. joining me is rob acosta, and "republic's" john stein. as we just heard from kelly o'donnell, they will be faced with needing democrats to get this deal through if we do indeed have a deal, and then he has to go back to the caucus and say, re-elect me as speaker. how does he do that? >> well, these are two separate questions, richard. on the first point, boehner has a tough time corralling some of the republican votes to vote for obama's plan. if the president brings the 250 plan to the house
. directly ahead big government tanging the war on tobacco to a new extreme. this time targeting cigarettes and big league chew, kimberly has more on the smoking gum next. ♪ ♪ [ male announcer ] imagine facing the day with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not approved for children under 18. people taking maois or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or blood thinners may increase bleeding risk. severe liver problems, some fatal, were reported. signs include abdominal pain and yellowing skin or eyes. tell your doctor about all your medicines, including those for migraine and w
basically laid it on the line. not only about the crime being bogus but about our government not really kicking into gear and then after that everything started to fall into place. >> absolutely. that's a shame of this is without that, i don't know that this would have happened. certainly not in this time frame. >> right. but, americans watching that show saw you and your husband on television and they rallied to your cause, too. there were thousands of calls made to politicians all across the country and pressure was put on every area and then all of a sudden things turned around and that's the way it is. >> right. it's unfortunate but that's the way it is. >> right. so we are happy we could help and we wish you and your husband and your son the very merriest of christmases and it will be. >> thank you so much and i cannot tell you how much we appreciate this coverage. it's saved his life. we really believe that. >> bill: that's what the fox news channel is here to do and we are happy to do it. merry christmas to you, mrs. hammar. >> you too. >> bill: laura as you said in the top of yo
. that town harbors a lot of anti government sentiment. liberated by rebels just a week ago. and because of that, they were targeted by the regime yesterday. they issues a statement and blame what happened to terrorists, and that's the term they use when talking about rebel fighters. the townspeople called for help. called for intervention from the syrian regime. and they sent in military and started killing and arrested terrorists there. diplomacy is still going on to forge some sort of path for syria. the joint u.n. arab league envoy to syria arrived in damascus last night and he left the country since then and spoke to reporters briefly this morning and told them about his discussions with assad. here is more of what mr. brahimi had to say. dana, mr. brahimi has since left syria he says the situation is dire and he hopes they can come to some agreement to alleviate the misery for the syrian people. >> you are on the phone, and lucky enough to get you face to face. thank you for that and for that report. as gruesome and grim as it was. >>> ahead on "starting point" criticism from the r
indebtedness by the federal government, and i would also add a prayer that the democrats and republicans would work together to avoid that. we have just got to get together. disaster is not red or blue. it's going to be american, and we don't want it. >> and we don't want to cash in our chips, but that's the final hand. our thanks to all of our guests for being here and to you for watching. on behalf of all the folks at "ac 360" and cnn, i'm tom foreman wishing you all of the best and none of the worst in 2013. x xx x >>> tonight, finding faith and purpose this holiday season. >> there's so much bad news in the world. we need good news. >> america's pastor rick warren joins me. >> people say i fell out of love. that's your choice. >> he talks religion, reason, and what america needs now. >> the good life isn't good enough. what you need is the better life. >> the election, the economy, same-sex marriage and more, to the issues that really matter. >> you know why we have to change the constitution? it was a flawed document. it was made by men. >> what does god mean to you? this is "piers morgan
of government in american life, that's why it is so hard to get to a deal. >> how dramatic. who would think talking about money and fiscal issues would garner so much drama, jessica. >> reporter: well, it is washington. and it is a lot at stake. it is about people's taxes, and, you know, the social safety net in america. it is the difference between democrats and republicans. >> yeah. we're going to talk more about the money now. thank you, jessica yellin. appreciate it. to new york now, joining us rick neuman, chief business correspondent for "u.s. news & world report." i want to ask you about the tax increase if there is no deal and tax rates rise, when would workers begin to see that reflekr reflected in their paychecks? when does the pain start? >> this is not one tax hike. this is about nine different sets of taxes. and the one that would go up right away is the payroll tax. that was cut temporarily in 2 009, cut by two percentage points and will go back up by two percentage points and that would come out of workers' paychecks right off the bat. it would add up to something like $60, $
representative, especially their congresswoman to really push hard against the mexican government for an early release. their goal was to get him home by christmas, and they've achieved that goal. heather, back to you. heather: we are glad they're going to spend the holiday together. thank you very much. and a little background, by the way, on john hammer's arrest. it was august 13. he was enroute to costa rica with a friend when he was detained by mexican customs who claimed that he had an incorrect permit for an antique rifle that he had in the his possession. well, the friends that he was traveling were -- with were also detained but released shortly after. four months later on december 17th, the first photo was anonymously e-mailed to his father. two days ago hammer was released when a mexican judge ruled in the his favor, and he was then driven across the border into texas. that same night his father anxiously waited for him. john hammer spent a total of 132 days behind bars. gregg? ♪ gregg: an american contractor working in afghanistan has died in what could be the latest insider attac
mandela was treated for a lung infection. a government spokesman says the former south african president is receiving treatment at his home. mandela is said to be resting and in good spirits. bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes to make them feel better. ♪ you make me happy [ female announcer ] that's why you choose children's tylenol. the same brand your mom trusted for you when you were young. ♪ how much i love you [ humming ] [ female announcer ] children's tylenol, the #1 brand of pain and fever relief recommended by pediatricians and used by moms decade after decade. [ humming ] >>> we have this just in to cnn. you're looking live at air force one as it lands. just back from hawaii. the president had to cut short his vacation there. his holiday vacation so he could deal with th
. do we have 60 days? >> we do. the treasury can pursue extraordinary measures. it gives the government more money and will put off the actual kind of "d" day for the u.s. defaulting on its debt, only by a week or so. but, again, the real thing that should be scaring everybody is the thing that's coming in a couple of months. >> you know, we heard the president talking today about how mind boggling this is. you know, that normal people don't resolve their differences this way. i don't know how you can shuffle around money. that really is mind boggling. thank you. up next, the nra's response to gun violence? what else, more guns. the new battle over gun violence with chris matthews. you're watching "hardball" the place for politics. >> welcome back to hardball. the tragic school shooting has put renewed focus not just on the guns, but on school safety itself. >> i call on congress today to act immediately to appropriate whatever is necessary to put armed police officers in every single school in this nation. and to do it now. >> but here's what it looks like when you run the numbers. sla
it in their paycheck and they will after january 1. the government will be taking more out of their paychecks and when the tax time will roll by in april, they'll feel it and businesses will feel it. once people will see they're losing money on this deal you'll see more public outrage about it. >> david naka, mura, calling for an up or down vote if the senate can't come up with it. he's talking about 250,000, at one point 400,000. is it realistic to think that the president can win this thing on an up or down vote? >> if they actually go to an up and down vote there will be a lot of pressure on those who were against a temporary fix with this to make their case known and actually go on the record. that's why the question is would the republican senators who would oppose this thing at the $250,000 level, they would use some of the mechanisms they have like the fill buster and things that the public doesn't like, but they're certainly part of the tools that the senators have to object to these things. would they block it? as mark murray said, this is about the blame game and setting up and if you'll blo
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